. >> you remember buffett in '05, you know, after what -- how many storms in '05 katrina. and he said, the next couple of years, nothing's going to happen, and we're going to make so much money -- and nothing did happen. >> it will be sought off. and there's this effect between the insurers and the reinsurers. you'll see also a lot of activity in european and bermuda re-insurance as those insurers have to go out. >> well, eric -- go ahead. >> i had one quick question, totally unrelated, though. it was aig, he participated four years ago now. >> yes. >> can you possibly believe that aig has come back the way it has? >> well, i think i came on the show and said -- i had this analogy, which i guess, you know, we could debate. but i said there were all these gold bricks in the mud of what was then thought of as aig and the insurance companies were the jewels of the empire. and you see now that there is at the bottom so to speak all these operating companies that were really quality, they're coming out, and i think the government ultimately did the right thing by making that po